Wegmans Food Markets has agreed to be an anchor tenant of a redevelopment of the iconic Fannie Mae headquarters on Wisconsin Street in Washington, D.C., the company said Sunday.
The store would be the first in Washington for Rochester, N.Y.-based Wegmans and will anchor an “urban village” that will include retail, residential, cultural arts, hospitality and commercial uses, developers Roadside Development and North America Sekisui House, said. The Fannie Mae redevelopment includes the original buildings that were constructed by Equitable Life Company in 1958 and 1962 and nearly 10 acres around it in Northwest Washington.
“We are excited to be a part of the redevelopment of this distinct site,” Ralph Uttaro, SVP of real estate for Wegmans, said in a statement. “The District of Columbia is an ideal market for us and we look forward to serving new customers and offering a unique shopping experience there.”
The announcement was made Sunday at the International Council of Shopping Centers’ annual ReCon show in Las Vegas.
“As we look to expand retail and grocery options across the District, Wegmans is a decisive win for our city,” added Washington Mayor Muriel Bowser. “Going forward, we will continue to forge strong public-private partnerships like this one that benefit DC residents and families and help us spread inclusive prosperity throughout all eight wards.”
“We are excited that Wegmans has committed to be a major part of this redevelopment. They not only bring their fabulous offerings, they consistently are one of the best employers in the country. Their participation will enable the team to attract other quality users who can meet the objectives of the area residents," stated Richard Lake, founding partner, Roadside Development.